Which of the following is not reported as an operating expense on the income statement?
A)Administrative expenses.
B)Research and development expense.
C)Interest expense.
D)Selling expenses.

Question

Quizplus · Accepted Answer

Interest expense is typically reported below the operating income section of the income statement and is categorized as a non-operating expense. Operating expenses are expenses directly related to the regular operations of a business, such as administrative expenses, research and development expense, and selling expenses.

Which of the Following Is Not Reported as an Operating